Section 2Definitions

s. 2

2. Definitions In this Ordinance, unless there is anything repugnant in the subject or context,- (1) “Company” means a company specified in the Second Schedule; (2) “Development surcharge” means the surcharge payable under section 3; (3) “Differential margin” means the amount by which the fixed sale price exceeds the prescribed price; (4) “ Fixed sale price” means the ex-Installation sale price as in force on the thirty-first day of July, 1959, or the price, if any, approved by the Government; (5) “Petroleum Product” means any petroleum product specified in the First Schedule; and (6) “Prescribed price” means the ex-Installation price as determined in accordance with the rules made under section 6.